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Ellie Mae Inc Issues Q2 2013 Guidance Above Analysts' Estimates; Raises FY 2013 Revenue Guidance; Reaffirms FY 2013 Earnings Guidance


Tuesday, 30 Apr 2013 04:05pm EDT 

Ellie Mae Inc announced that for the second quarter of 2013, revenue is expected to be in the range of $33.5 million to $34.0 million. Net income is expected to be in the range of $4.0 million to $4.4 million, or $0.14 to $0.16 per diluted share. Adjusted net income is expected to be in the range of $7.7 million to $8.2 million, or $0.27 to $0.29 per diluted share. Adjusted EBITDA is expected to be in the range of $11.4 million to $12.5 million. For fiscal 2013, revenue is expected to be in the range of $130.0 million to $131.5 million, up from the previously provided range of $127.5 million to $129.0 million. Net income is expected to continue to be in the range of $15.6 million to $16.2 million, or $0.55 to $0.57 per diluted share. Adjusted net income is expected to continue to be in the range of $30.2 million to $31.0 million, or $1.06 to $1.09 per diluted share. Adjusted EBITDA is expected to continue to be in the range of $44.2 million to $45.4 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $31.9 million, net income of $7.2 million, EBITDA of $11.05 million and EPS of $0.26 for the second quarter of 2013; revenues of $129.21 million for fiscal 2013. 

Company Quote

40.94
-0.16 -0.39%
26 Nov 2014